How Far Does $1 Million Go In Retirement?
“A million dollars isn't what it used to be.” —Howard Hughes
How true is that when it comes to your retirement nest egg?
A cool $1 million is a still big chunk of change.
But is it enough to cover today’s retirement expenses?
Just how many years could your dream retirement last on $1 million?
A big part of that answer depends on where you retire.
Location is just one variable in the complicated picture of retirement expenses. Several other factors also affect how long a $1 million nest egg could last.
Knowing what those expenses are and how they fit into a $1 million retirement scenario is the focus of this month’s Visual Insights Newsletter.
Go ahead and click here to see how far $1 million could go in retirement these days.
Eric Maldonado, CFP®, MBA
Aquila Wealth Advisors | (805)250-4552 | info@aquilawealth.com
872 Higuera Street, San Luis Obispo, CA 93401
www.aquilawealth.com
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific situation with a qualified tax professional.
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